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Dec 24, 2012
12/12
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KTVU
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at the center of it all, greece. the country grappled with a need for bailouts with strings attached in the form of severe budget cuts that sparked protests from the people. however, the financial crisis in europe is providing an opportunity for china. earlier this year, we heard from new york times reporter liz alderman on a chinese shipping company that is making waves in greece. > > how successful has this shipping company, known as cosco, been so far in greece? > > it's an interesting story. this chinese basically state- run shipping company came in here about three years ago in a $500 million deal that ever since then has been a model for the country, because what they did is they bought half of piraeus port, which is an ancient port in greece and one of the most important ports in the southern mediterranean. what they did was they basically took an operation that had been effectively lagging under greek ownership and completely turned it around. > > have the the greek people been welcoming of this? the chinese
at the center of it all, greece. the country grappled with a need for bailouts with strings attached in the form of severe budget cuts that sparked protests from the people. however, the financial crisis in europe is providing an opportunity for china. earlier this year, we heard from new york times reporter liz alderman on a chinese shipping company that is making waves in greece. > > how successful has this shipping company, known as cosco, been so far in greece? > > it's an...
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Dec 27, 2012
12/12
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CSPAN
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similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who unfortunately, he did not see the crisis of the eurozone collapsing. the eurozone had no foundation. there was an earthquake. it starts unraveling with greece. and let's say between 1995 2008 god and his angels descended on an athens and ran the show. with rationality, omniscience, ethos, and morality. greece would not have been the
similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for...
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Dec 16, 2012
12/12
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CSPAN2
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greece and spain and so forth, could borrow at german interest rates and they went kind of wild. the good old united states of america, we rent historically big deficits. we consumed without settling them. how is this all possible? because the chinese were happily loaning us money at very low interest rates. substitute the words the united states and greece, and china to germany and you have a world scale, the problem in the united states. the problem in the whole world. but let me just, following those comments, you know, you've got a single moment. [inaudible] decided to they want more unity or less. because the euro cannot survive unless they have more sense of some kind of central control. more sense of discipline before the crisis. which means some kind of limits on fiscal policy, but one thing, but it goes on fiscal policy. spain had a pretty good fiscal policy. they kept borrowing money to build houses. so we've got to have some kind of oversight of economic policy as part of the price of being in the union. they wanted -- [inaudible] monetary union without the economic un
greece and spain and so forth, could borrow at german interest rates and they went kind of wild. the good old united states of america, we rent historically big deficits. we consumed without settling them. how is this all possible? because the chinese were happily loaning us money at very low interest rates. substitute the words the united states and greece, and china to germany and you have a world scale, the problem in the united states. the problem in the whole world. but let me just,...
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Dec 7, 2012
12/12
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WUSA
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and 34 years after john travolta and olivia newton john starred in "greece" they release add new video for their song called "i think you might like it." that's your eye on entertainment. tesa
and 34 years after john travolta and olivia newton john starred in "greece" they release add new video for their song called "i think you might like it." that's your eye on entertainment. tesa
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Dec 9, 2012
12/12
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WMAR
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, greece has been very adept at increasing their debt ceiling. now they have 25% unemployment. there are people who can't even finds jobs in cities are having to move out according to press reports to rural areas. that could be our future. as tom said, if you gave the president every job forming tax increase that he's asked for, it's about 3% of the spending. and the president himself has said that the drivers of our debt are medicare, medicaid and health care. nothing else comes close. >> congresswoman stabenow pointed out -- >> you have to deal with the structural reforms to our entitlement spending. protecting current seniors but helping to insure my 10-year-old daughter and 9-year-old son that these programs are around for them. >> medicare savings, lot of republicans not you but a lot of republicans in the last campaign including mitt romney ran against. >> well, george, first of all, the $700 billion in savings doesn't save the government a penny, it takes that and spends it on other people. what -- it's really important that people look. t
, greece has been very adept at increasing their debt ceiling. now they have 25% unemployment. there are people who can't even finds jobs in cities are having to move out according to press reports to rural areas. that could be our future. as tom said, if you gave the president every job forming tax increase that he's asked for, it's about 3% of the spending. and the president himself has said that the drivers of our debt are medicare, medicaid and health care. nothing else comes close....
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Dec 29, 2012
12/12
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KQED
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no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well over 90% of greeks are orthodox christians. while many accept the moscow plan, many are opposed, resentful of mass migration here. >> greece fought hundreds of centuries of terrorism -- of tyranny by muslims. we totally oppose this. >> pride in their own faith is clear, but can they resist the respect of the other? this is a country where religion is intrinsic to national identity, where church and state are intimately linked. the questions for today's greece is what kind of state is willing to become, how tolerant, how multicultural. looking,ore inward more fearful, but greece must now decide whether to exte
no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well...
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Dec 28, 2012
12/12
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WETA
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no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well over 90% of greeks are orthodox christians. while many accept the moscow plan, many are opposed, resentful of mass migration here. >> greece fought hundreds of centuries of terrorism -- of tyranny by muslims. we totally oppose this. >> pride in their own faith is clear, but can they resist the respect of the other? this is a country where religion is intrinsic to national identity, where church and state are intimately linked. the questions for today's greece is what kind of state is willing to become, how tolerant, how multicultural. looking,ore inward more fearful, but greece must now decide whether to exte
no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well...
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Dec 24, 2012
12/12
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CSPAN
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in greece, a permanent bailout. the thing is, whereas markets are an easing institutions for allocating existing goods and services among consumers, they are chronically bad at creating a surplus between deficit regions. remember -- if that comes first, suddenly the money lender who later becomes a banker who later becomes wall street plays a hugely significant role in this process. the banker is the conduct of that -- conduit of that recycling mechanism. when they get an increase in proportion as the result of their mediation of that process. the banker is the same thing as a clothes maker. suddenly, there are two things that must have been. 1 -- society will demand that banks are not allowed to go to the wall. then bankers are affectively blanche, free money for themselves. and the whole mechanism breaks down in 2008. in the eurozone, we made a huge error in europe of binding together these economies. this is not the first time these things that happened. it happened in the united states of america. you have dispa
in greece, a permanent bailout. the thing is, whereas markets are an easing institutions for allocating existing goods and services among consumers, they are chronically bad at creating a surplus between deficit regions. remember -- if that comes first, suddenly the money lender who later becomes a banker who later becomes wall street plays a hugely significant role in this process. the banker is the conduct of that -- conduit of that recycling mechanism. when they get an increase in proportion...
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Dec 9, 2012
12/12
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CSPAN2
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do you agree with angela merkel insistence on an austerity for greece, spain, italy? >> austerity? yes. there is no way you can do without problem with those various sponsors and sustainably go with the quid pro quo. but to do that to maintain austerity to be bailed out. over the indefinite period. this is where the rubber hits the road. where you need very disciplined policies and willingness to lend on the part of the creditors. they don't trust the borrowers who do not trust but they do for a few months. [inaudible] then a few months later so a little more discipline and a little more money. they said the vote provide the my a plan. but behind all of this side believe there is the enormous sense of commitment probably just in the part of the republic. i almost cannot imagine. and what would happen under this situation in? but with the conviction we've tried hour best but traditionally you cannot kick them while they are down. and a stand but the problem with the european union fed is monetary union's as opposed to the fiscal union. they benefited from the low interest-rate and t
do you agree with angela merkel insistence on an austerity for greece, spain, italy? >> austerity? yes. there is no way you can do without problem with those various sponsors and sustainably go with the quid pro quo. but to do that to maintain austerity to be bailed out. over the indefinite period. this is where the rubber hits the road. where you need very disciplined policies and willingness to lend on the part of the creditors. they don't trust the borrowers who do not trust but they...
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than debt ridden greece sketch of slain us installment of bailout funds needed to keep the economy afloat in exchange for a debt buyback scheme which many see as counterproductive. also for you the u.n. atomic watchdog is resuming talks with iran we're going to look at why many a radiance consider applying nuclear energy not just a matter of necessity but of national pride. world news live from our moscow headquarters thanks for tuning in to our t.v. with me lucy catherine of the ukrainian journalist who was kidnapped by syrian rebels and is facing execution on thursday unless a fifteen million dollar ransom is paid and had been working in syria during the conflict helping international news outlets including this one r t the world's main groups defending journalists have strongly condemned to the targeting of reporters a middle east correspondent paula slayer is following those developments. the journalist and coach never was taken hostage in october and holmes the free syrian army has held her for nearly two months they've accused her of being both a russian and a syrian spy she has app
than debt ridden greece sketch of slain us installment of bailout funds needed to keep the economy afloat in exchange for a debt buyback scheme which many see as counterproductive. also for you the u.n. atomic watchdog is resuming talks with iran we're going to look at why many a radiance consider applying nuclear energy not just a matter of necessity but of national pride. world news live from our moscow headquarters thanks for tuning in to our t.v. with me lucy catherine of the ukrainian...
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Dec 1, 2012
12/12
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FOXNEWSW
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it is important that we fix the over spending that is going to turn us into greece and spain. you talk about it all the time, it is so important we do that. even if we don't get rean elected it is so important -- reelected it is so important we do that we need all the leverage we got. >> sean: we are on our way to 20 trillion in debt. this is beyond fiscal cliff, this is a fiscal dive into i don't want to think where it can take us. >> some would say, if the dollar were not the international currency, we would have already been greece. >> sean: i brought up some ideas at the tkpweuplg of the program. i said okay, why don't we go for 200 billion in discretionary cuts to start, yes to entitlement reform, you agree? yes to serious tax reform? >> do i ever. when the president says fair share the perfect answer, flat tax. he has not made one pro bowsal that will have warren buffett paying the same as his secretary. it is called capital gains 15%. income tax is 15%. you make more, you pay more. you make less, you pay less. everybody pays their fair share. >> sean: same with value ad
it is important that we fix the over spending that is going to turn us into greece and spain. you talk about it all the time, it is so important we do that. even if we don't get rean elected it is so important -- reelected it is so important we do that we need all the leverage we got. >> sean: we are on our way to 20 trillion in debt. this is beyond fiscal cliff, this is a fiscal dive into i don't want to think where it can take us. >> some would say, if the dollar were not the...
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Dec 29, 2012
12/12
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KCSM
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greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bond-buying program that manage to come down the markets -- calm down the markets. >> germany's finance minister says he thinks the worst is behind us. is he right? >> the wildfires in 2012 were the worst spain had experienced in years, but it was not the only disaster the country had to deal with. the financial sector was also in flames. right from the beginning of the year, it was clear that the eurozone had a tough time ahead. credit rating agencies handed out significant downgrades to spain and portugal in particular. europe's firefighting coalition of finance ministers hoped a fiscal pact with tight budgetary controls and national debt breaks would need future crises in the bud, but some economists were more realistic. >> the fiscal pact was basically superfluous. we already knew that all the countries were trying to cut back. weather or not they continue making cuts in 2018, which is what the fiscal pact promise, is of little interest to the markets. >> agrees also posed a chall
greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bond-buying program that manage to come down the markets -- calm down the markets. >> germany's finance minister says he thinks the worst is behind us. is he right? >> the wildfires in 2012 were the worst spain had experienced in years, but it was not the only disaster the country had to deal with. the financial sector was also in flames. right from the beginning of the year,...
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Dec 1, 2012
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. >> the german parliament approves billions in loans and guarantees to save greece from bankruptcy. >> with more and more shoppers seeking out handcrafted and traditional gifts, germany's famous christmas markets struggled to keep up with the demand. tens of thousands of egyptians are out protesting against president morsi at this hour after an islamist-led assembly raced through the approval of a new constitution, a move to end the crisis. >> the document is based on sharia law. critics say it ignores fundamental democratic principles and marginalizes the nation's large christian populations. it has set the stage for conflict in a more increasingly divided nation. >> opponents of the president are outraged at the document adopted by the assembly. protesters are maintaining a vigil, and demonstrations are growing. critics warn that egypt is fast becoming an islamic state. >> hosni mubarak never divided the egyptian people. now, there is president morsi, and we do not know if he is the president of egypt or the president of the muslim brotherhood. >> islamists who dominate the assemb
. >> the german parliament approves billions in loans and guarantees to save greece from bankruptcy. >> with more and more shoppers seeking out handcrafted and traditional gifts, germany's famous christmas markets struggled to keep up with the demand. tens of thousands of egyptians are out protesting against president morsi at this hour after an islamist-led assembly raced through the approval of a new constitution, a move to end the crisis. >> the document is based on sharia...
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Dec 21, 2012
12/12
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CSPAN
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we are heading down the same path that greece did. right now the democrats are talking about raising taxes on the top 2%. if we do not stop the spending, we will be back here again maybe one year from now saying, maybe we need to raise taxes on the top 25% or 50%. then everybody will be taxed and we will run out of money. what is going to happen is the federal government is not going to be able to take care of its obligations. you are not going to be able to have safety nets. social security and medicare are going broke. we have to fix those of those who are dependent on those systems can get them. continuing to spend money like both parties have been doing the, wild spending is going to lead us to be just like greece. we are not going to be able to take care of the poor or the needy or take care of senior citizens. we have to stop spending. host: this is fiscal year 2010, but it has not changed significantly in terms of percentage. 41% of the federal budget. not defense appropriations 19%. defense spending 20%. the national debt 6%.
we are heading down the same path that greece did. right now the democrats are talking about raising taxes on the top 2%. if we do not stop the spending, we will be back here again maybe one year from now saying, maybe we need to raise taxes on the top 25% or 50%. then everybody will be taxed and we will run out of money. what is going to happen is the federal government is not going to be able to take care of its obligations. you are not going to be able to have safety nets. social security...
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Dec 31, 2012
12/12
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this is a live look at athens, greece -- >> as the clock struck midnight or 6:00 a.m. eastern time, fireworks erupted over auckland. >>> and to new york, the big apple always nose how to do it up right. folks are already picking out that spot to watch the ball drop. 1 million people are expected to cram the streets. >>> a more family-friendly way, you can head over to alexandria's first night celebration. darcy spencer is live in alexandria, where they're getting ready for a big night. good evening, darcy. >> angie, i think they did not have fireworks last year. do you remember that? >> i do. >> reporter: there were problems because of fire safety, so fireworks went away for a few years. they are back this year, but they are going to be on the potomac. i'm expecting a lot of people, because they are expecting back. also something new this year. these food trucks, first time they're having these, right along cameron street. very popular here. people are already lining up to get their food off the food trucks. >>> just a few minutes ago, people inside, buying their badge
this is a live look at athens, greece -- >> as the clock struck midnight or 6:00 a.m. eastern time, fireworks erupted over auckland. >>> and to new york, the big apple always nose how to do it up right. folks are already picking out that spot to watch the ball drop. 1 million people are expected to cram the streets. >>> a more family-friendly way, you can head over to alexandria's first night celebration. darcy spencer is live in alexandria, where they're getting ready...
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. >>> while in greece they held off protesters launching molotov cocktails. >>> the president is taking the fiscal cliff solution to the people. plus, a modern day five story ripped through the pages of a tom clancey novel. "early today" starts right now. >> announcer: this is "early today" for friday, december 7th, 2012. >>> good mornings,er one. i'm lynn berry. we're going to start with breaking news out of japan. a strong 7.3 earthquake has struck off the country's northeast coast beneath the sea bed. it shook buildings as far as tokyo and warnings were issued for miyagi prefecture. there's no risk for a widespread tsunami. we'll bring you the very latest. >>> elsewhere, all eyes are on cairo this morning as turmoil has once again overtaken egypt's capitol, this time in response to a political explosive power grab by the president, mohammed morsi. right now army tanks surround the presidential palace as thousands of protesters shout topple the regime, the same chant heard during the regime of hosni mubarak. in a tv show morsi said absolute powers he granted himself will expire with a
. >>> while in greece they held off protesters launching molotov cocktails. >>> the president is taking the fiscal cliff solution to the people. plus, a modern day five story ripped through the pages of a tom clancey novel. "early today" starts right now. >> announcer: this is "early today" for friday, december 7th, 2012. >>> good mornings,er one. i'm lynn berry. we're going to start with breaking news out of japan. a strong 7.3 earthquake...
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but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happen the worse case scenario, but in five years we won't be notble to borrow money. >> brenda: julian, you can go ahead and respd. >> first of all, the ernst & young study has been debunked over and over. and number two, the bush tax cuts,f you let the bush tax cuts. the crs study was a republican study and found the same thing as the cbo. if you letush tax cuts expire on everybody, yes, you would have negative economic impact. the two staetudies done recentl shows the top two rates, top 2%, virtually no impact. to jonas' point if you raise taxes a the lot and cut spending a lot and so austerity plan, that would have an impact. democrats were fopouring more money into the compl with stimulus and republicans wanted austerity and jonas' point is an argument against what conservatives were pushing for. >> brenda: all right. toby. >> what's the question? >> driving a smart ca
but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happen the worse case scenario, but in five years we won't be notble to borrow money. >> brenda: julian, you can go ahead and respd. >> first of all, the ernst & young study has been debunked over and over. and number two, the bush tax cuts,f you let the bush tax cuts. the crs study...
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britain greece gets its latest installment of bailout funds needed to keep the economy afloat exchange for a debt buyback scheme which many say is counterproductive. and as the u.n. atomic watchdog resumes talks with iran we look at why many iranians consider acquiring nuclear energy is not just a matter of necessity but of national pride. life from moscow twenty four seven this is r.t. . but ukrainian journalist kidnapped by syrian rebels is facing execution on thursday and their captors demands for a fifty million dollar ransom are met and had been working in syria during the conflict hoping international media including r.t. european federation of journalists has strongly condemned the action as outrageous calling it a money spinning scheme middle east correspondent is following the developments. the journalist i'm happy coach never was taken hostage in october holmes the free syrian army has held her for nearly two months they've accused her of being both a russian and a syrian spy she has appeared in two you tube videos that were released earlier by the free syrian army and in one
britain greece gets its latest installment of bailout funds needed to keep the economy afloat exchange for a debt buyback scheme which many say is counterproductive. and as the u.n. atomic watchdog resumes talks with iran we look at why many iranians consider acquiring nuclear energy is not just a matter of necessity but of national pride. life from moscow twenty four seven this is r.t. . but ukrainian journalist kidnapped by syrian rebels is facing execution on thursday and their captors...
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melissa: some shocking news out of greece now. uninnded consequence of its 2 dal billion euro health care debt is making it nearly impossible for hospitals touy basic supplies like gloves, syringes, letalone crucial medications. on top of that massive layoffs mean fewer doctors and nurses are treating more patients. the severe lack of medical supplies is making much more easy for disease to spread especially from a country whose main industry is tourism. we have lee vinokur from louisiana university shreveport. thanks for joining us. >> my pleasure. melissa: how serious of a problem is this? >> it is a true greek tragedy because the greeks were somewhat responsible. at one point their health care system covered evybody for everything, the most expensive medicines. it was 10% of their gdp. and then the imf put them on strict austerity. they had a huge debt. they were borrowing a lot to cover medications and such. and the austerity budget really cut back to the point where kids an't getting vaccinated now. there is no vaccinations.
melissa: some shocking news out of greece now. uninnded consequence of its 2 dal billion euro health care debt is making it nearly impossible for hospitals touy basic supplies like gloves, syringes, letalone crucial medications. on top of that massive layoffs mean fewer doctors and nurses are treating more patients. the severe lack of medical supplies is making much more easy for disease to spread especially from a country whose main industry is tourism. we have lee vinokur from louisiana...
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you're going to share with us something here ok all right now this one is come from a little boy in greece he says exactly what he wants for christmas and for twenty thirty. dear santa for christmas i would really like a fiscal policy which would see my country's debt be reducing one hundred twenty four percent of our annual output by twenty twenty i know that this is a big ask but it will stop the international monetary fund getting even more annoyed with us although we didn't make the whole thirty billion euros worth of savings we promised just recently we did try very hard. dimitri said marise. well who else has been writing to you oh well this one has come from somebody not too far away from where we are right now this is come from a little girl and bird lynne with her christmas wishes for twenty thirty. thank you for the positive economic growth i asked for last year it has been very helpful this year it would be great if we could have more of the same just is there a way we can give less of our money away to the eurozone countries all the best angle america p.s. i also want to win th
you're going to share with us something here ok all right now this one is come from a little boy in greece he says exactly what he wants for christmas and for twenty thirty. dear santa for christmas i would really like a fiscal policy which would see my country's debt be reducing one hundred twenty four percent of our annual output by twenty twenty i know that this is a big ask but it will stop the international monetary fund getting even more annoyed with us although we didn't make the whole...
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Dec 16, 2012
12/12
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FBC
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government it would make us look like greece tomorrow. instead, they are in like netherland so stuff like this happens. >> we're beginning to look like greece right now. but some things have improved. prices have gone up but that is supply and demand issue. supply is way down so delinquency rights are still very high. >> this is biggest government stimulus program of all. people forget, this stimulus, five trillion bucks. the president is rallying about fat cat bay but they were exempt from dodd-frank. they basically dominate the mark 90% of the mortgage market. they've got government backing. they don't have to compete. they don't have to out perform. they make more money than the government overseer, that is doing their job. you have directors there making millions of dollars. we should have reined them in long time ago. >> there was a ignite named franklin rains, he made $90 million back during his reign and they gave out $45 million in bonuses. these organizations have a bad history. >> they got a bad history. we have always known tha
government it would make us look like greece tomorrow. instead, they are in like netherland so stuff like this happens. >> we're beginning to look like greece right now. but some things have improved. prices have gone up but that is supply and demand issue. supply is way down so delinquency rights are still very high. >> this is biggest government stimulus program of all. people forget, this stimulus, five trillion bucks. the president is rallying about fat cat bay but they were...
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Dec 16, 2012
12/12
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CSPAN2
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and he wrote that the great empires, asyria, persian, greece, the roman, the arab empires, the ottoman empires, spain, russia, britain, each flourished for around 250 years, and this seems to be the space allotted for imperial he generalny. too long a period of power leads to decadence, so the empire goes from the pioneers to the innovators, to the bureaucrats, from exploration on exploitation to decadence, the quest for world approval, the welfare state and squabbles over inherited wealth. and a notable feature, he writes, of the declining nations is the loss of physical energy. he suggests, as does the bible, that the state of a human organism is no different than the family. both recapitulate human individual tendencies, and like the individual human, evolve in predictable directions. the human might, indeed can, live to be 120 years, but no longer, and will decay through predict blg stages as will the family, however well ty -- and the state, however powerful. and now we see we in america are at the outword end of sir john gloves' 250 years, and we see the signs. we have passed thr
and he wrote that the great empires, asyria, persian, greece, the roman, the arab empires, the ottoman empires, spain, russia, britain, each flourished for around 250 years, and this seems to be the space allotted for imperial he generalny. too long a period of power leads to decadence, so the empire goes from the pioneers to the innovators, to the bureaucrats, from exploration on exploitation to decadence, the quest for world approval, the welfare state and squabbles over inherited wealth. and...
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Dec 29, 2012
12/12
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this year everything in greece changes. after the crunch down on the greek people, making them pay for a crisis they had nothing to do with, making them a for bailing out the richest folks in greece, etc. the greek people did what no one thought they would. in the last two elections, a majority of greek people did not vote for either of those parties. try to understand what it would mean if a majority of americans voted for night of the republicans or democrats. in the last election the two major parties of greece, new democracy and the socialist party together got under 40% of the vote. and the explosive new party is a party that is a far left wing party that is against all austerity programs and wants to solve greece's problems by taking wealth away from the traditional greek ridge. this is a party that until this year didn't get more the 2% or . this is a party that until this year didn't get more the 2% or 3% of thech . this is a party that until this year didn't get more the 2% or 3% of the. this is a party that until
this year everything in greece changes. after the crunch down on the greek people, making them pay for a crisis they had nothing to do with, making them a for bailing out the richest folks in greece, etc. the greek people did what no one thought they would. in the last two elections, a majority of greek people did not vote for either of those parties. try to understand what it would mean if a majority of americans voted for night of the republicans or democrats. in the last election the two...
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Dec 16, 2012
12/12
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FBC
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government it uld make us look like greece tomorrow. instead, they are in like netherland so stuff like this happens. >> we're beginning to look like greece right now. butome things have improved. prices have gone up but that is supply and demand issue. supply is way down so delinquency rights are still very high. >> this is biggest government stimulus program of all. people forget, this stimulus, five trillion bucks. the president is rallying about fat cat bay but they were exempt from dodd-frank. they basically dominate the mark 90% of the mortgage market. they've got government backing. they don't have to compete. they don't have to out perform. they make more money than the government overseer, that is doing their job. you have directors there making millions of dollars. we should have reined them in long time ago. >> there was a ignite named franklin rains, he made $90 million back during his reign and they gave out $45 million in bonuses. these organizations have a bad history. >> they got a bad history. we have always known that.
government it uld make us look like greece tomorrow. instead, they are in like netherland so stuff like this happens. >> we're beginning to look like greece right now. butome things have improved. prices have gone up but that is supply and demand issue. supply is way down so delinquency rights are still very high. >> this is biggest government stimulus program of all. people forget, this stimulus, five trillion bucks. the president is rallying about fat cat bay but they were exempt...
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seeing the decisions that are made here in journey but the effects that they have on countries like greece who would sound in athens where in thessaloniki where we've witnessed the. decisions that are made by the most successful eurozone countries what they're having on the poorer countries like greece like italy like spain and the well unfortunate results of the financial crisis on every day people you're reporting from a lot of think of this let's just recall what happened in grace witnessed didn't it the worst civil unrest in europe by far how has life changed for the greeks in twenty twelve. yes we have seen some serious changes to the lifestyle of the every day greek i think one of the most poignant moments of it really was we went to a an orphanage in thessaloniki and we were talking to the organizers the who run the charity that runs they say this over there they were saying this. twelve months ago eighteen months ago the vast majority of people who were the children that were coming to them were they would be an orphan they may perhaps have been abused and now the vast majority of
seeing the decisions that are made here in journey but the effects that they have on countries like greece who would sound in athens where in thessaloniki where we've witnessed the. decisions that are made by the most successful eurozone countries what they're having on the poorer countries like greece like italy like spain and the well unfortunate results of the financial crisis on every day people you're reporting from a lot of think of this let's just recall what happened in grace witnessed...
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you're of reduced relieved as greece is going through with it buybacks with athens now qualifying for billions more in bailout cash. and the u.i. a nuclear watchdog renews talks with iran hoping to examine facilities they believe the secret development despite little evidence to back this is patience. it's eleven am here in moscow you're live with us on our team washington's decision to brand a leading a rebel group in syria as a terrorist organization sparks a chorus of al drage among others who enjoyed america's overwhelming support the key rebel coalition recognized by the u.s. as the sole representative of the syrian people has thrown its weight behind the al qaeda linked to al nusra front which is going to change again explains. it's clear that washington is trying to distance itself from extremists in syria they have designated a front a terrorist organization it's thought to be one of the most aggressive and ruthless groups currently involved in the conflict washington's decision to call them terrorists this seen as more of a symbolic move because many other fighters in syria p
you're of reduced relieved as greece is going through with it buybacks with athens now qualifying for billions more in bailout cash. and the u.i. a nuclear watchdog renews talks with iran hoping to examine facilities they believe the secret development despite little evidence to back this is patience. it's eleven am here in moscow you're live with us on our team washington's decision to brand a leading a rebel group in syria as a terrorist organization sparks a chorus of al drage among others...
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Dec 11, 2012
12/12
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though, are we seeing signs of stress again with the concerns about leadership in italy, and problems in greece, and should we pay attention to that than the fiscal cliff discussions? >> well, you know, right now, doesn't seem like the market is paying attention to that right now. it reminds me a lot of september, before the election, when the s&p's rallied. everything was con taped. we were worried about central bank, liquidity, numbers okayed here, heating up in china. people thought europe was contained, and it feels that way now. people looking past the headlines whether it's the fiscal cliff or europe. i mean, there's a lot of doom day sayers out there, and it makes sense, but it seems like everything right now is contained, and the trade is up to the upside. david: right. liz mentioned the fed decision coming up, should be hearing about it tomorrow. what's the market expecting from the fed? in what way will they be excited or disappointed? >> well, i think the market, if you look at the options market, the flows into the ten year treasuries, it's implying 85 billion per month. the reason
though, are we seeing signs of stress again with the concerns about leadership in italy, and problems in greece, and should we pay attention to that than the fiscal cliff discussions? >> well, you know, right now, doesn't seem like the market is paying attention to that right now. it reminds me a lot of september, before the election, when the s&p's rallied. everything was con taped. we were worried about central bank, liquidity, numbers okayed here, heating up in china. people...
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the balaor greece, mi beating gandalf the grey. >> are you. and let's not get on to magneto. >> stephen: are you ever tempted when you were like, when are you playing gandalf and the orcs are coming at you are you attempted to use that magneto power and take their swords from them. >> no, gandalf is more powerful than magneto. >> stephen: could gandalf beat magneto. >> yes, every time. the old guy will do it every time, he is 7,000 years old. he knows it all. i love gandalf the grey. i love him. >> stephen: and i love you, ian mckellen. (cheers and applause) thank you so much, thank you so much, ian mckellen. the hobbit. we'll be right back. thank you sop much d#d>!8
the balaor greece, mi beating gandalf the grey. >> are you. and let's not get on to magneto. >> stephen: are you ever tempted when you were like, when are you playing gandalf and the orcs are coming at you are you attempted to use that magneto power and take their swords from them. >> no, gandalf is more powerful than magneto. >> stephen: could gandalf beat magneto. >> yes, every time. the old guy will do it every time, he is 7,000 years old. he knows it all. i...
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Dec 11, 2012
12/12
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COM
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. >> the president's plan does nothing but damn to us becoming greece. >> disappointing. >> disappointed. >> i'm really disappointed. (laughter) >> jon: really? because you don't sound that disappointed, quite frankly. do you want to know what disappointed sounds like? >> disappointed! (applause) >> jon: that guy's clearly disappointed. even though that might have been what from what i understand at the internet a stage direction. he just happened to say it outloud. i don't know if that's true but why not spread it as far as i can. to their credit, the republicans didn't just complain about the president's plan, they put forward on paper numbers of their own. >> you see the offer on your gene, $800 through tax reform, $600 billion in health savings, $300 billion in mandatory savings, $300 billion further discretionary savings that nets to $2.2 trillion in savings. >> jon: all right, all right. so the g.o.p. proposal is adding up towards $1.2 trillion in cuts and a trillion in savings and they leave the tax rates alone for the top 2% and they -- wait a minute. (laughter) the fiscal cliff,
. >> the president's plan does nothing but damn to us becoming greece. >> disappointing. >> disappointed. >> i'm really disappointed. (laughter) >> jon: really? because you don't sound that disappointed, quite frankly. do you want to know what disappointed sounds like? >> disappointed! (applause) >> jon: that guy's clearly disappointed. even though that might have been what from what i understand at the internet a stage direction. he just happened to...
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Dec 6, 2012
12/12
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check out greece. that's what happens when a country avoids making tough fiscal decisions for too long. >>> a top republican pollster about what went wrong on their side. a lot of information coming here and why if republicans don't change the way they do business they may be on the losing end of elections for years to come. plus, the black helicopter crowd is at it again. republicans in the senate reject a united nations treaty to ban discrimination against the disabled. they say it would allow u.n. officials to come into this country and force home-schooled children into government-run, that is public schools. senator john kerry joins us to cut through the nonsense. >>> also tonight, the simpson's mr. burns gives us a rich man's look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. >>> never too early for pollsters to start head to 20
check out greece. that's what happens when a country avoids making tough fiscal decisions for too long. >>> a top republican pollster about what went wrong on their side. a lot of information coming here and why if republicans don't change the way they do business they may be on the losing end of elections for years to come. plus, the black helicopter crowd is at it again. republicans in the senate reject a united nations treaty to ban discrimination against the disabled. they say it...
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Dec 23, 2012
12/12
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will eventually end up like greece? >> well, look, if i could just answer that, i'm an optimist on america. i believe in america. i'd buy it, you know, if america was a publicly-traded company, i'd buy the stock every day. this country and this economy is tremendously resilient. and one of the great things, i think, about our book is it's got ideas that require action in washington, it's also at state level, individual level and there's some business and corporate level. so, you know, what are the odds? i would, you know, i'm an on the optimist. i would say we will get back to growth. >> kevin? >> the oecd, which is an organization that studies large, developed nations just did a big study to try to identify how big the policy challenges facing the nations around the world are. and they estimated something called the fiscal adjustment, and the fiscal adjustment for greece that they need -- which is either the immediate tax increase or the immediate reduction in spending necessary to make it so that their economy doesn't
will eventually end up like greece? >> well, look, if i could just answer that, i'm an optimist on america. i believe in america. i'd buy it, you know, if america was a publicly-traded company, i'd buy the stock every day. this country and this economy is tremendously resilient. and one of the great things, i think, about our book is it's got ideas that require action in washington, it's also at state level, individual level and there's some business and corporate level. so, you know,...
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Dec 18, 2012
12/12
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COM
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the balaor greece, mi beating gandalf the grey. >> are you. and let's not get on to magneto. >> stephen: are you ever tempted when you were like, when are you playing gandalf and the orcs are coming at you are you attempted to use that magneto power and take their swords from them. >> no, gandalf is more powerful than magneto. >> stephen: could gandalf beat magneto. >> yes, every time. the old guy will do it every time, he is 7,000 years old. he knows it all. i love gandalf the grey. i love him. >> stephen: and i love you, ian mckellen. (cheers and applause) thank you so much, thank you so much, ian mckellen. the hobbit. we'll be right back. >> stephen: well, that's it for the report, everybody. good night! (cheers and applause) captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org ("jingle bells" tune played on piano) ♪ jingle man, christmas boy... (hums) ♪ ♪ jingle man, christmas boy... (hums) ♪ if only there was something that rhymed with "boy." oh, hi! i didn't see you there along one full w
the balaor greece, mi beating gandalf the grey. >> are you. and let's not get on to magneto. >> stephen: are you ever tempted when you were like, when are you playing gandalf and the orcs are coming at you are you attempted to use that magneto power and take their swords from them. >> no, gandalf is more powerful than magneto. >> stephen: could gandalf beat magneto. >> yes, every time. the old guy will do it every time, he is 7,000 years old. he knows it all. i...